147
147
Nov 5, 2012
11/12
by
CNBC
tv
eye 147
favorite 0
quote 0
bipartisanship, president obama touring the damaged area of new jersey with new jersey governor chris christie the key note speaker at the republican convention, both of them heaping praise on each other. does this tell you compromise is possible in washington or was that just politics? >> i think compromise is always possible in washington. you know, it's standard in any kind of negotiation, including negotiations in business between management and unions for things to go down to the 11th hour, that doesn't mean things are falling apart. it's the nature of the game, way it's played. our government has managed to get through many, many crises and despite the rhetoric and despite the hostility, we do tend to get things done eventually. it would be a lot nicer if people were more civil to one another, but the reality is the government is actually pretty effective in the long run at getting things done. i'm always an optimist on this and i think we can do it. >> we know you two disagree on a wide range of policies from taxes to the role of government. where do you find common ground? what do you
bipartisanship, president obama touring the damaged area of new jersey with new jersey governor chris christie the key note speaker at the republican convention, both of them heaping praise on each other. does this tell you compromise is possible in washington or was that just politics? >> i think compromise is always possible in washington. you know, it's standard in any kind of negotiation, including negotiations in business between management and unions for things to go down to the...
118
118
May 27, 2012
05/12
by
CNBC
tv
eye 118
favorite 0
quote 0
putting rinehart ahead of american christie walton, the walmart heiress worth some $25 billion. that's the show for today. thank you so much for being with me. next week, a look at the jobs numbers. what will it take to put a debt in the unemployment rate in this country? keep it right here where wall street meets main street. have a great week, everybody. happy memorial day and i'll see you next weekend. [ male announcer ] we imagined a vehicle that could adapt to changing road conditions. one that continually monitors and corrects for wheel slip. we imagined a vehicle that can increase emergency braking power when you need it most. and we imagined it looking like nothing else on the road today. then...we built it. the 2012 glk. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services.
putting rinehart ahead of american christie walton, the walmart heiress worth some $25 billion. that's the show for today. thank you so much for being with me. next week, a look at the jobs numbers. what will it take to put a debt in the unemployment rate in this country? keep it right here where wall street meets main street. have a great week, everybody. happy memorial day and i'll see you next weekend. [ male announcer ] we imagined a vehicle that could adapt to changing road conditions. one...
279
279
Oct 31, 2012
10/12
by
CNBC
tv
eye 279
favorite 0
quote 0
leaning state, a little bipartisan patina might do chris christie some good in 2013. lar larry, back to you. >> i totally agree with what you just said. >>> before sandy, romney was on a roll topping president obama in poll after poll. but in the wake of the devastating superstorm, did sandy stall romney's momentum? here now are keith boykins and robert costa, jonathan colegio. mr. costa, i go to you on the conservative side. i think that barack obama did himself a lot of good. >> barack obama has had a decent week because he's been presidential in handling of this crisis in new jersey and new york. but ha we still see from the romney campaign is he's competitive in pennsylvania. he's competitive in ohio. he's trying harder. did it shake up the narrative, sure, but it's a very close race. >> my pal keith boykins on the other side of the coin. it looks to me like romney has gone behind enemy lines. he's parachuting behind enemy lines in pennsylvania and in michigan and in wisconsin and in iowa. he could be in trouble, keith. >> pennsylvania hasn't voted for a republica
leaning state, a little bipartisan patina might do chris christie some good in 2013. lar larry, back to you. >> i totally agree with what you just said. >>> before sandy, romney was on a roll topping president obama in poll after poll. but in the wake of the devastating superstorm, did sandy stall romney's momentum? here now are keith boykins and robert costa, jonathan colegio. mr. costa, i go to you on the conservative side. i think that barack obama did himself a lot of good....
99
99
Nov 13, 2012
11/12
by
CNBC
tv
eye 99
favorite 0
quote 0
it is expected to go for more than $35 million at christie's blockbuster auction tonight. it's set up to be a record-breaking event with works by rothko and liechtenstein and also coming under the hammer tonight, we have an exclusive sneak peek for you coming up next on power lunch. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> mary thompson with a market flash here, details about omega advisers, lee i don't cooperman. street insider reporting a 13 f filing that has been shows these are the stakes he has initiated new stakes in as of september 30th. you can see some, at mel, c trip, family dollar, fortress, some others here, tivo, spdr, polycom. wall green's. >>>
it is expected to go for more than $35 million at christie's blockbuster auction tonight. it's set up to be a record-breaking event with works by rothko and liechtenstein and also coming under the hammer tonight, we have an exclusive sneak peek for you coming up next on power lunch. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades...
124
124
Nov 15, 2012
11/12
by
CNBC
tv
eye 124
favorite 0
quote 0
. >>> plus, a blockbuster auction for christie's. more than $400 million went under the hammer. we'll tell you about the big winners and the very interesting trend. ♪ ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last. ♪ enjoy free shipping and great values on your holiday shopping from l.l.bean. thank you, mr. speaker, uh, members of congress. enjoy free shipping and great values in celebration of over 75 years of our government employees insurance company, or geico...as most of you know members it.congress. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newscaster:breaking news. the gecko is demanding free pudding. and political parties that are actual parties!? with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come
. >>> plus, a blockbuster auction for christie's. more than $400 million went under the hammer. we'll tell you about the big winners and the very interesting trend. ♪ ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last. ♪ enjoy free shipping and great values on your holiday shopping from l.l.bean. thank you, mr. speaker, uh, members of congress. enjoy free shipping and great values in celebration of...
168
168
Oct 30, 2012
10/12
by
CNBC
tv
eye 168
favorite 0
quote 0
president obama will be looking at the devastation with dpgoverr chris christy in new jersey. let's get to todd gross tonight who is tracking the storm over the new york east. >> reporter: you may not believe this. sandy won't quit. if you look right here, there is a new belt of showers and thunderstorms that have formed. gusty storms that are affecting that wart of the country. even the north eastern united states on the coast line is in part of the storm. right in through chicago coming in through the great lakes that is where the winds are funneling in from the north. same winds edge of the storm that moved in on the coast line. that is number two. and three of course, we have a lot of air play in through here. let's zero in on west virginia. it is not only snowing there, they have had over two feet around 30 inches of snow. if you look at the video, from west virginia and from the western pan hand handle of mary they have had not only 30 inches of snow, but another foot that is going to come in the next 24 hours. even though the really big punch from sandy is over, there a
president obama will be looking at the devastation with dpgoverr chris christy in new jersey. let's get to todd gross tonight who is tracking the storm over the new york east. >> reporter: you may not believe this. sandy won't quit. if you look right here, there is a new belt of showers and thunderstorms that have formed. gusty storms that are affecting that wart of the country. even the north eastern united states on the coast line is in part of the storm. right in through chicago coming...
242
242
Oct 30, 2012
10/12
by
CNBC
tv
eye 242
favorite 0
quote 0
new jersey governor chris christie making a trip to the jersey shore today. definitely some strong comments from him. i know you'll get more of that in a second. i want to talk about the casino industry. expected to be hard hit from the damage from the storm. we've done a little lap around some of the casinos. we're seeing the lights on and seeing people inside. caesers has power and should open on thursday. baleys, the casino floor looks completely unscathed. that should resume operation as normal. a few windows blown out, but we're told they are housing essential personnel and have been throughout the storm. so possibly not as badly destructive to the industry here on the boardwalk in atlantic city as once thought. also, we should dispel a few rumors about the boardwalk that ripped off yesterday. the footage was scene around the world. that piece of boardwalk was actually way far at the end of where i'm standing, a long forten and underdeveloped part of the boardwalk. no doubt devastating to see that rip off. as far as the core business here in new jersey,
new jersey governor chris christie making a trip to the jersey shore today. definitely some strong comments from him. i know you'll get more of that in a second. i want to talk about the casino industry. expected to be hard hit from the damage from the storm. we've done a little lap around some of the casinos. we're seeing the lights on and seeing people inside. caesers has power and should open on thursday. baleys, the casino floor looks completely unscathed. that should resume operation as...
206
206
Oct 31, 2012
10/12
by
CNBC
tv
eye 206
favorite 0
quote 0
let's look at governor christie's comments. depending so much on how fast the money gets back into the system and there's rebuilding. having lived in new york, you realize that the winter is coming. there's a huge inventive for people to start getting these things fixed right away. so that money will be put to work. so $30 billion is still our best estimate. at this point in time, depends on how quickly the money is put back into place. but having lived in this area, you probably appreciate the fact that actually a lot of improvements will happen now with better infrastructure, especially on the public sector level, so we actually could see an addition to economic growth in the first quarter greater than the loss in the fourth quarter. >> this is an important point, because as people try to sort out the impact, we've seen estimates from your firm that this could take two tenths out of fourth quarter gdp. whether we'll actually give a fourth quarter boost. i just wonder -- i know the situation aren't directly comparable, but in
let's look at governor christie's comments. depending so much on how fast the money gets back into the system and there's rebuilding. having lived in new york, you realize that the winter is coming. there's a huge inventive for people to start getting these things fixed right away. so that money will be put to work. so $30 billion is still our best estimate. at this point in time, depends on how quickly the money is put back into place. but having lived in this area, you probably appreciate the...
213
213
Oct 31, 2012
10/12
by
CNBC
tv
eye 213
favorite 0
quote 0
president obama in new jersey with governor chris christie touring some of the hardest hit areas of the state. is this brigantine, nng? this is certainly new jersey and we want to show you some of the other pictures if we can and take you back to the president and governor christie to get their statements as they spent the day today touring some of the worst and hardest hit areas of jersey. as we wrap up an ugly month meanwhile for wall street, the dow jones industrial average is down better than 3% on the month with the other major indices not faring much better. mandy drury is here with the october losers and a couple winners as well. >> absolutely. here are some great stats dug up by our cnbc crack data team. all three indices are breaking their four-month winning streak, as for the nasdaq 100, quite a lot of ugliness there on track for its worst october since 2008. it was october 2008 when it fell 16%. as for tech and telecom two of the worst performing sector this is month down more than 4%. apple for one is down over 10% for this month, and that is its largest monthly percentage d
president obama in new jersey with governor chris christie touring some of the hardest hit areas of the state. is this brigantine, nng? this is certainly new jersey and we want to show you some of the other pictures if we can and take you back to the president and governor christie to get their statements as they spent the day today touring some of the worst and hardest hit areas of jersey. as we wrap up an ugly month meanwhile for wall street, the dow jones industrial average is down better...
158
158
Oct 31, 2012
10/12
by
CNBC
tv
eye 158
favorite 0
quote 0
>>> and six days before the election, governor chris christie and president barack obama make common cause in new jersey. so, can't the country do the same? >>> and has the big storm tightened the big race? sandy, the road to recovery, a specia
>>> and six days before the election, governor chris christie and president barack obama make common cause in new jersey. so, can't the country do the same? >>> and has the big storm tightened the big race? sandy, the road to recovery, a specia
199
199
Nov 1, 2012
11/12
by
CNBC
tv
eye 199
favorite 0
quote 0
how much do you think all these photo ops with governor christie is worth to christie and his state? >> i think they're worth a lot to the president. i can tell you. we'll see what happens after the election. certainly it is a very big boost for the president. a lot of people are surprised by it. but it's a boost for the president. >> well, here's what happens today. we're skrjust getting this news that mayor bloomberg is endorsing president obama. he is citing climate change. he said sandy reshaped his thinking about the campaign and about climate change and that's why he's endorsing the president. what do you think about that? >> number one, i'm a big fan of michael bloomberg. i think he's terrific. disagree on climate change. if you look at 1950s, we had ten hurricanes between 1954 and 1960 that were monster hurricanes hitting the east coast. i just don't believe it. i'm not a believer in climate change. i think climate change is very, very good for the chinese because we readjust all our factories and manufacturing, making them noncompetitive. the chinese laugh at us. i'm not a b
how much do you think all these photo ops with governor christie is worth to christie and his state? >> i think they're worth a lot to the president. i can tell you. we'll see what happens after the election. certainly it is a very big boost for the president. a lot of people are surprised by it. but it's a boost for the president. >> well, here's what happens today. we're skrjust getting this news that mayor bloomberg is endorsing president obama. he is citing climate change. he...
99
99
Nov 1, 2012
11/12
by
CNBC
tv
eye 99
favorite 0
quote 0
i think the president has let the mistakes of the past, and chris christie has put politics aside at the moment and is on there on on the ground reassuring people to help them to rebuild. >> so you're saying if there is a mastiff misstep, it has a negative impact. but if everything goes okay, the incumbent president doesn't get an up side from that? >> this is a much broader area covered by the storm, but nothing on the scale of katrina. you have the mayor, the president, all at loggerheads about who should take control of the situation and it was chaos. this isn't the case with hurricane sandy. >> we dou know what we're going to get from obama, but what will we get from mitt romney if he's elected? i know a number of republicans throughout the united states who have been more extreme in their anti-obama views than they have about any other democratic leader since i've known them and there is a relate fear that america is being socialized by obama and that he's a real danger and threat to the system and the american constitution. all of that is fine since i'm not going to have to vot
i think the president has let the mistakes of the past, and chris christie has put politics aside at the moment and is on there on on the ground reassuring people to help them to rebuild. >> so you're saying if there is a mastiff misstep, it has a negative impact. but if everything goes okay, the incumbent president doesn't get an up side from that? >> this is a much broader area covered by the storm, but nothing on the scale of katrina. you have the mayor, the president, all at...
95
95
Oct 31, 2012
10/12
by
CNBC
tv
eye 95
favorite 0
quote 0
so the president and governor christie will do that. then we are told the plane from marine one and take a tour either by foot or car of some of the neighborhoods and towns that have been affected by this super storm. we'll be watching those images and bring them to you throughout this hour. >>> if you'd like to see why we're having problems getting air traffic moving again -- except there -- but he comes first -- look at this video. it just fed in a short while ago -- oh, my goodness! look at that! that is laguardia airport today! two days after the storm went through. runways covered with water. if you've ever flown in to or out of laguardia airport, as many of you certainly have, you know that you come right over those bays and that open water there as you fly in over citi field and the national tennis center there. look at that. scott, can you believe that? that's amazing! that water messing up air traffic now all up and down the east coast. laguardia, the hardest hit of the three airports in the new york metro area. we'll be right
so the president and governor christie will do that. then we are told the plane from marine one and take a tour either by foot or car of some of the neighborhoods and towns that have been affected by this super storm. we'll be watching those images and bring them to you throughout this hour. >>> if you'd like to see why we're having problems getting air traffic moving again -- except there -- but he comes first -- look at this video. it just fed in a short while ago -- oh, my goodness!...
287
287
Nov 5, 2012
11/12
by
CNBC
tv
eye 287
favorite 0
quote 0
now governor christie is allowing changes to voting system, including absentee voting by e-mail and fax. >> maria, it's a basic american right and yet officials are scrambling to provide it to thousands of residents of new york and new jersey isolated by superstorm sandy. the garden state, though, one of the hardest hit by the storm, some 780,000 customers without power, thousands still in shelters as elections day approaches. now, in addition to proving and consolidating polling station s across the state, officials have provided a few alternative. pushing people to vote early, especially over the weekend. early closes today at 4:30 p.m. helping displaced residents by helping them mail in ballots or voting via e-mail or fax, thanks to a new order by governor chris christie that disqualifies displaced residents as overseas voters. even so, voters face many difficulties this election season. first, voting by e-mail or fax not possible for the 20% of the state still without power and cell phone service. additionally, more gas, a scarce commodity right now, is required to get to polling st
now governor christie is allowing changes to voting system, including absentee voting by e-mail and fax. >> maria, it's a basic american right and yet officials are scrambling to provide it to thousands of residents of new york and new jersey isolated by superstorm sandy. the garden state, though, one of the hardest hit by the storm, some 780,000 customers without power, thousands still in shelters as elections day approaches. now, in addition to proving and consolidating polling station...
150
150
Nov 1, 2012
11/12
by
CNBC
tv
eye 150
favorite 0
quote 0
what's the chris christie strategy here? because it seems to be taking some of the momentum away from his own party. >> yeah, this is really interesting. you have somebody in governor christie who has been an outson critic of president obama. but what we've heard the last three days is nothing but praise for the president and the pearl response to his needs in new jersey. so a little bit of a different tone there. but in times like these when you have natural disasters, you tend to see politicians put politics aside. that said, there's certainly a political up side for obama appearing alongside one of mitt romney's top surrogates yesterday. so sort of an interesting dynamic and unexpected one. >> you see the latest poly just talked about, it suggests that the markets still pricing in effectively an obama win. does that indicate that you buy this latest poll? >> what we're seeing in the latest poll numbers is sort of what we've been seeing the last couple weeks here which is a slight edge to obama in in some of the most impor
what's the chris christie strategy here? because it seems to be taking some of the momentum away from his own party. >> yeah, this is really interesting. you have somebody in governor christie who has been an outson critic of president obama. but what we've heard the last three days is nothing but praise for the president and the pearl response to his needs in new jersey. so a little bit of a different tone there. but in times like these when you have natural disasters, you tend to see...
318
318
Oct 29, 2012
10/12
by
CNBC
tv
eye 318
favorite 0
quote 0
chris christie noting that a lot of these people are unaccounted for. may be too late to get them until morning. 250,000 people without power here so it's going to be a long night if you're on one of the barrier islands. >> just lost her shot there. >> be safe. haurricane sandy is forcing several major oil refineries to shut tight and you know what that does to gas prices. mary thompson is live from baltimore. >> reporter: hey, bill, you know, brian schactman on live and sandy is south, of course, of the storm system, the storm north, and that's where the refineries in the northeast are located. now, in the wake of today's storm, and, of course, pending what happens tomorrow, a couple of refineries and some pipelines have shut down. let's give you the rundown. the linden refinery in new jersey or the phillips 66 shutting down completely along with the hess refinery. we have three others that are running at lower run raise, basically operating at very minimal levels, but they can get up and running again once the storm has passed. there's one refinery th
chris christie noting that a lot of these people are unaccounted for. may be too late to get them until morning. 250,000 people without power here so it's going to be a long night if you're on one of the barrier islands. >> just lost her shot there. >> be safe. haurricane sandy is forcing several major oil refineries to shut tight and you know what that does to gas prices. mary thompson is live from baltimore. >> reporter: hey, bill, you know, brian schactman on live and sandy...
77
77
Oct 31, 2012
10/12
by
CNBC
tv
eye 77
favorite 0
quote 0
governor chris christie, who toured his battered state by air, described what happened as unthinkable. >> the devastation that's happened to new jersey is beyond what's happened to anyone else, at least in the reports i've seen so far. it comes as no shock since the storm made landfall here. >> it hit just south of atlantic city, the gambling and tourist destination, leaving residents who defied the mandatory evacuation order stranded. dozens had to be rescued from shelters of last resort where the power failed. in northern new jersey, more search and rescue. after a tidal surge pushed a river over its banks. residents said the water rose five feet in a matter of minutes. >> it was like a lake in our basement. and it filled up all wayp to our stairs. >> there was no phone lines. electricity was out and all our phones were out. we couldn't call absolutely nobody. >> reporter: across the state, 2.4 million customers, 60% of the population, have no power. the worst of it was probably right along the coast, in towns like point pleasant beach, where this morning some who chose to ride out
governor chris christie, who toured his battered state by air, described what happened as unthinkable. >> the devastation that's happened to new jersey is beyond what's happened to anyone else, at least in the reports i've seen so far. it comes as no shock since the storm made landfall here. >> it hit just south of atlantic city, the gambling and tourist destination, leaving residents who defied the mandatory evacuation order stranded. dozens had to be rescued from shelters of last...
190
190
Nov 2, 2012
11/12
by
CNBC
tv
eye 190
favorite 0
quote 0
and they can't hide behind chris christie. chris christie's doing a good job, saying what he has to say, and done good by obama by telling the truth. but the fact of the matter is nobody's going to be happy tomorrow and sunday and monday with the level of services they're getting. >> there you go. >> could be bad for obama. >> bob shrum, i read your notes carefully. you're plmocking the idea mitt romney could take pennsylvania. i'd take that mocking back. pennsylvania is a real battleground state and that's why romney's spending time there. >> it's in play. pennsylvania's in play. >> you have two hopes. your first hope is people will blame the president for the aftermath of the storm. >> they will. >> i think that's untrue and happy. your second hope is pennsylvania, which is always fool's gold for the gop. ed could tell you if he was being honest going all the way back to george h.w. bush in 1992, the republicans take a run into that state at the last minute. and they never carry that state. there are fundamental structural p
and they can't hide behind chris christie. chris christie's doing a good job, saying what he has to say, and done good by obama by telling the truth. but the fact of the matter is nobody's going to be happy tomorrow and sunday and monday with the level of services they're getting. >> there you go. >> could be bad for obama. >> bob shrum, i read your notes carefully. you're plmocking the idea mitt romney could take pennsylvania. i'd take that mocking back. pennsylvania is a...
220
220
Oct 26, 2012
10/12
by
CNBC
tv
eye 220
favorite 0
quote 0
christy, good to have you on the program. >> thanks for joining us. >> thank you so much. >> christy romero, special inspector general for the t.a.r.p. program. we have 40 minutes before the closing bell sounds and market is up 30 points on dow industrials. >> hurricane sandy, barreling towards the east coast. americans prepare and we've got home depot and lowe's busier than ever. we look at those two franken storm stocks and the chart next. >> new reports about how citigroup chairman michael o neil pushed out vikram pandit coming up next p . mike rowe here at a ford tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. buy four select tires, get a $60 rebate. use the ford service credit credit card, get $60 more. that's up to $120. where did you get that sweater vest? your ford dealer. ♪ atmix of e
christy, good to have you on the program. >> thanks for joining us. >> thank you so much. >> christy romero, special inspector general for the t.a.r.p. program. we have 40 minutes before the closing bell sounds and market is up 30 points on dow industrials. >> hurricane sandy, barreling towards the east coast. americans prepare and we've got home depot and lowe's busier than ever. we look at those two franken storm stocks and the chart next. >> new reports about...
114
114
Nov 5, 2012
11/12
by
CNBC
tv
eye 114
favorite 0
quote 0
christie eager to take the job if it had been offered to him? and what are and what has happened between those two camps after this -- these events. >> the story broke right around the republican convention that chris christie had in fact taken himself out of the running, that he didn't want to do that. a lot of these stories are gamesmanship. you've got campaigns trying to save face, particular operatives trying to save face and of course the candidates themselves looking to their futures. chris christie in new jersey, if he wants to be re-elected in 2013 which i think he does, he's in an overwhelmingly democratic state. might not have been good for him to be on a losing ticket if he thought that's where it was going. at the same time we saw just this past week or a week ago during hurricane sandy, chris christie embracing president obama, another sign that he knows he needs to reach out to democrats to win re-election. of course, if he wants to be on the ballot in 2016, it's more helpful for him to have a good relationship with barack obama th
christie eager to take the job if it had been offered to him? and what are and what has happened between those two camps after this -- these events. >> the story broke right around the republican convention that chris christie had in fact taken himself out of the running, that he didn't want to do that. a lot of these stories are gamesmanship. you've got campaigns trying to save face, particular operatives trying to save face and of course the candidates themselves looking to their...
132
132
Nov 1, 2012
11/12
by
CNBC
tv
eye 132
favorite 0
quote 0
cooperation we saw today between democratic president barack obama and new jersey republican governor chris christie could produce what could be the biggest public works project in a generation, to meet and entrust that national emergency. remember when president obama was elected, he said he'd put a lot of people to work in shovel-ready job. turned out there weren't that many jobs that were ready in. the wake of sandy, i don't think there are enough shovels ready for up and down the jersey and new york coast. these jobs will be created. this destruction, estimated between $30 billion and $50 billion. i think it's going to exceed that. maybe at least get to the high end. will finally move the employment need until this country. -- in this country. just as did did in the wake of hurricane andrew. now, when we look at industries that have been hardest hit since the great recession, the one that stands out the most is the construction business. construction business is about half of what it was six years ago. the culprit, banks that are afraid to lend, excess of homes, no need for new buildings and roa
cooperation we saw today between democratic president barack obama and new jersey republican governor chris christie could produce what could be the biggest public works project in a generation, to meet and entrust that national emergency. remember when president obama was elected, he said he'd put a lot of people to work in shovel-ready job. turned out there weren't that many jobs that were ready in. the wake of sandy, i don't think there are enough shovels ready for up and down the jersey and...
72
72
Nov 5, 2012
11/12
by
CNBC
tv
eye 72
favorite 0
quote 0
then governor chris christie took a balanced attach. governor cuomo said, the government is here to help you. the government can't fix all of these things as any common sense person knows in a business that's supply and demand driven. >> thanks for joining us. great to have you on especially at times like this with your great knowledge base. good to see you. joe, do you have a quick trade? >> yeah. the refiners continue to work. we have a diesel problem in this country. inventories at 45-year lows. we have talked about it all year. of course the refiners will continue to do well. it goes to a broader conversation that the entire country needs to have. seems like all the problems we feared are coming forth at one time. a lot of money will have to be spend whether it's on the growth of shale, on refineries, whether it's on building out grids. the question is where is the money coming from? >> thank you very much. coming up, the euro falling to two-month lows against the dollar as greece gets ready to vote on the latest austerity package.
then governor chris christie took a balanced attach. governor cuomo said, the government is here to help you. the government can't fix all of these things as any common sense person knows in a business that's supply and demand driven. >> thanks for joining us. great to have you on especially at times like this with your great knowledge base. good to see you. joe, do you have a quick trade? >> yeah. the refiners continue to work. we have a diesel problem in this country. inventories...
228
228
Nov 1, 2012
11/12
by
CNBC
tv
eye 228
favorite 0
quote 0
president obama surveyed the damage with chris christie yesterday. this morning kayla tausche is in toms river, seaside heights. what's it look like there? >> reporter: it's very dark here. we're at the mouth of the bridge which leads over to sea sooid heights, a road only accessible by emergency vehicles and that will be that way for the foreseeable future. but here's the state of sandy recovery in new jersey. the death toll has climbed to 14 in the garden state. nearly 2 million residents are still without power. and over 4,000 people remain in shelters here in new jersey. there's actually a big shelter here nearby in toms river. one of the onlien wog in the state that actually allows pets, so you can imagine how crowded that one is. but here recovery will be a long process. for residents who live here full-time or formerly lived here full-time, you can imagine that the first call is to fema. 2,000 representatives on the ground. and they expect fema will be able to give them more immediate help versus the longer claims process from insurance compan
president obama surveyed the damage with chris christie yesterday. this morning kayla tausche is in toms river, seaside heights. what's it look like there? >> reporter: it's very dark here. we're at the mouth of the bridge which leads over to sea sooid heights, a road only accessible by emergency vehicles and that will be that way for the foreseeable future. but here's the state of sandy recovery in new jersey. the death toll has climbed to 14 in the garden state. nearly 2 million...
267
267
Nov 2, 2012
11/12
by
CNBC
tv
eye 267
favorite 0
quote 0
we just witnessed how he stood with governor christie in new jersey. we had a response to a nation in a crisis. >> you think there's class warfare in this country? >> no, i think the best of our country wants to come together to get this economy going again. and that president obama has shown a path that we can trust and that mitt romney is not offering anything but the failed economic policies of the past, which say that the top 1% in this country should not pay their fair share. we reject that vision for america. >> let's not forget the 47% that don't pay any tax, right? >> that's also an inaccurate statement. >> 47% of this country does not pay income tax. that's not an inaccurate statement. at all. that's a fact. >> but they pay sales tax. there's lots of taxes that people pay. >> i'm talking about the federal income tax. >> right. that's right. but how is it that you think we can get this country going again if we don't have more investment like we did in the boom economy after world war ii where the wealthy and corporations were paying a lot more
we just witnessed how he stood with governor christie in new jersey. we had a response to a nation in a crisis. >> you think there's class warfare in this country? >> no, i think the best of our country wants to come together to get this economy going again. and that president obama has shown a path that we can trust and that mitt romney is not offering anything but the failed economic policies of the past, which say that the top 1% in this country should not pay their fair share....
98
98
Nov 1, 2012
11/12
by
CNBC
tv
eye 98
favorite 0
quote 0
out of state, something that's been made easier, given a waiver signed by new jersey governor chris christie. additionally, the epa is waving clean gas requirements along the east coast through november 20th so assure adequate supply after sandy. but again, the real problem right now is the lack of power. tyler, back to you. >> i'll toss it down to simon. >> tyler, let's take it back up a step. as you said, the hold-ups are also coming through in the storage facilities, the storage facilities are as important as, of course, we just heard from the pump face there. kate kelly is at a terminal in new jersey for more on that. kate? >> reporter: simon, things are very grim here in new jersey, standing next to an administrative building that was battered in the storm. in the coming days, workers wearing steel-tipped boots will be walking through things like raw sewage, stimber and reeds i order to retrieve company documents. glass is shattered, the refrigerator is floating and they've even seen raccoon tracks inside. this isn't even where they store the all-important fuel. terminals like this one,
out of state, something that's been made easier, given a waiver signed by new jersey governor chris christie. additionally, the epa is waving clean gas requirements along the east coast through november 20th so assure adequate supply after sandy. but again, the real problem right now is the lack of power. tyler, back to you. >> i'll toss it down to simon. >> tyler, let's take it back up a step. as you said, the hold-ups are also coming through in the storage facilities, the storage...
274
274
Oct 30, 2012
10/12
by
CNBC
tv
eye 274
favorite 0
quote 0
hopefully we'll get more from christie later. a few other buzz words, search and rescue teams went out at 5:30 trying to track down people who potentially were trapped. he said if people were evacuated until tomorrow, he could sign an executive order to move halloween. finally, he gave a ringing endorsement to his dealings with president obama in the last 24 hours over this crisis. and that's going to be an important thing with days to come until the election. people are talking about how sandy will affect the election, and that is one of the major things people are talking about this morning, guys. back to you. >> kayla tausche, thanks so much. talk about moving all these various calendar dates. there's also, i mean, as kayla mention, some talk whether or not the elections could possibly be moved. constitutionally it can be moved but whether or not that is going to happen is a whole other story. >> all i heard was executive order to move -- >> halloween. >> words i never thought i would hear. >> think of all the children across
hopefully we'll get more from christie later. a few other buzz words, search and rescue teams went out at 5:30 trying to track down people who potentially were trapped. he said if people were evacuated until tomorrow, he could sign an executive order to move halloween. finally, he gave a ringing endorsement to his dealings with president obama in the last 24 hours over this crisis. and that's going to be an important thing with days to come until the election. people are talking about how sandy...
66
66
Oct 31, 2012
10/12
by
CNBC
tv
eye 66
favorite 0
quote 0
president obama and new jersey governor chris christie are set to survey the damage in atlantic city. kayla tausche is there, she was there when the storm came in. she remains today. kayla? >> reporter: that storm summit is set to take place very shortly right here in atlantic city. president obama was just about an hour ago at the headquarters for fema in washington, d.c. before making his way up here to atlantic city. of course this meeting is very important, because governor chris christie has said over and over again that fema will play a huge part in the recovery following the wreckage here in new jersey after landfall on monday. you can see the shrapnel from the northernmost end of that iconic boardwalk. many houses also damaged. even some of the residents that have chosen to stay are starting to get power back and starting to assess the damage and start the rebuilding effort. many residents were using the power to get pumps and start pumping water out of their flooded homes. meanwhile, parks of the boardwalk remained. bull dozers and national guard we are coming in to assess th
president obama and new jersey governor chris christie are set to survey the damage in atlantic city. kayla tausche is there, she was there when the storm came in. she remains today. kayla? >> reporter: that storm summit is set to take place very shortly right here in atlantic city. president obama was just about an hour ago at the headquarters for fema in washington, d.c. before making his way up here to atlantic city. of course this meeting is very important, because governor chris...
205
205
Oct 31, 2012
10/12
by
CNBC
tv
eye 205
favorite 0
quote 0
he's going to instead visit the jersey shore with governor christie. that's the level we're at where we're not able to receive the sitting president of the united states. it says a lot. >> seaside heights, jersey shore show, very hard hit for those mtv officials. >> the jersey shore of my youth is gone. amazing pictures. >> the sand in the middle of -- we don't know anything because if you look at long beach island, there's sand everywhere. you can't get to it to figure out how much money and property. it's property. >> true enough. back to the exchange, bob pisani has been on the case all morning long regarding how we're going to trade today here at nyse. good morning, bob. >> good morning. i'm back here in what's called the platform. this is sort of the data nerve center for the new york stock exchange behind me is lou, the head of floor operations and this is where all of the data comes in here. these are officials making sure feeds are coming in and everyone is getting data. it's a big day down here. it's pretty simple. they want a nice quiet and b
he's going to instead visit the jersey shore with governor christie. that's the level we're at where we're not able to receive the sitting president of the united states. it says a lot. >> seaside heights, jersey shore show, very hard hit for those mtv officials. >> the jersey shore of my youth is gone. amazing pictures. >> the sand in the middle of -- we don't know anything because if you look at long beach island, there's sand everywhere. you can't get to it to figure out...
212
212
Nov 1, 2012
11/12
by
CNBC
tv
eye 212
favorite 0
quote 0
. >> i think sandy is a temporary story, but the way i think christie and other governors and mayors really pitched in suggests that we'll get through this fairly quickly and there will be serious commitments in terms of infrastructure and improvements. and i'll reemphasize your point. chinese purchasing survey was a little improved and you're right, if the purchasing manager survey in the u.s. is a little better as was consumer confidence. >> jack, what do you think, is sandy a big driver for stocks or is it the coming election and the possible outcome? >> i think it's one that you have a lot of underinvested what i call nonbelievers. i think we're entering the period of chasing returns. first of november i think we started since '09 where it's been up. which is indicative of what the next couple of months will bring. having said that, sandy will produce jobs. the question is will sandy produce more jobs than president obama did over the course of the last few years. and as far as the numbers, let's keep this in mind. i'm 5'5". when i'm with my mop and my sisters who are 4'11", i'm
. >> i think sandy is a temporary story, but the way i think christie and other governors and mayors really pitched in suggests that we'll get through this fairly quickly and there will be serious commitments in terms of infrastructure and improvements. and i'll reemphasize your point. chinese purchasing survey was a little improved and you're right, if the purchasing manager survey in the u.s. is a little better as was consumer confidence. >> jack, what do you think, is sandy a big...
252
252
Oct 30, 2012
10/12
by
CNBC
tv
eye 252
favorite 0
quote 0
the president will travel to new jersey tomorrow where he'll join governor chris christie in viewing the storm damage. much of new york and new jersey remains paralyzed with power outages, flooded roads, and debris. governor cuomo said this is the worst storm he's ever seen in new york city. public transportation remains shut down as many subway stations are flooded. mta officials say the damage is the worst they've ever seen in the subway's 108 year history. airports are beginning to open up. jfk will open tomorrow. washington and philadelphia have been partially restored as far as service is concerned today. bill, back to you. >> courtney, thank you very much. so it's all systems go at the new york stock exchange tomorrow. the nyse and nasdaq confirming they will be opened and fully operational come tomorrow. >> on the phone now, sam from s&p capital iq. thanks for joining us. s&p capital iq down the block from the new york stock exchange. what have you been hearing about your offices reopening tomorrow? >> hey, maria. we know the electricity is turned off. just like here in jersey
the president will travel to new jersey tomorrow where he'll join governor chris christie in viewing the storm damage. much of new york and new jersey remains paralyzed with power outages, flooded roads, and debris. governor cuomo said this is the worst storm he's ever seen in new york city. public transportation remains shut down as many subway stations are flooded. mta officials say the damage is the worst they've ever seen in the subway's 108 year history. airports are beginning to open up....
302
302
Nov 21, 2012
11/12
by
CNBC
tv
eye 302
favorite 0
quote 0
if you have these guys in new york, mayor bloomberg, mayor booker, the mayor, the governors, cuomo, christie, malloy, if they went on holiday while we had sandy, what would you do? we have an economic crisis. they're going to take a short break in december. yeah, we have to have a patch, but we have to have a fix. and a structural fix is so fundamental so that if you're running a business and you have clarity and visibility for the next five years, you can live with whatever you have. corporate taxes are coming down according to the current administration. you drop them from 35% to 28% or 25% if it's u.s. manufacturing. that is very helpful for profits of certain companies. >> but you close the loopholes, meaning those who aren't -- >> you have to. come on, lobbyists have put in too many loopholes at the corporate level, they snuck them in, carried interest, carried interest is a disgrace. three years, it's not even patched. notwithstanding if you're a hedge fund, a private equity, i mean, you going to harvest your investments. someone else was selling a piece of charter communications. why?
if you have these guys in new york, mayor bloomberg, mayor booker, the mayor, the governors, cuomo, christie, malloy, if they went on holiday while we had sandy, what would you do? we have an economic crisis. they're going to take a short break in december. yeah, we have to have a patch, but we have to have a fix. and a structural fix is so fundamental so that if you're running a business and you have clarity and visibility for the next five years, you can live with whatever you have. corporate...
192
192
Nov 1, 2012
11/12
by
CNBC
tv
eye 192
favorite 0
quote 0
something that should be made easier by a waiver signed by new jersey governor chris christie. it might fprovide a little relif at pump. certainly the most relief would come if the power was turned back on. >> all right, mary. thank you so much. are we destined to sit in these long lines for the next two weeks? what's your expectation? how long does this last? >> i think maybe another week. we have to get the power restored to some of these facilities. in addition to the discreet things like gas stations lacking the power, we've got one of the refineries in the region in new jersey that's out, that they hope to start up later this week. the colonial pipeline which brings refined petroleum products from the gulf coast up to the northeast and new york, that's going to reopen tomorrow. a number of the harbor ports where gasoline and oil imports are coming in from europe and elsewhere, those have been closed and flooded because of flooding and power losses. but on the whole, because the airports have been closed and because a lot of other people weren't driving, not just in new yor
something that should be made easier by a waiver signed by new jersey governor chris christie. it might fprovide a little relif at pump. certainly the most relief would come if the power was turned back on. >> all right, mary. thank you so much. are we destined to sit in these long lines for the next two weeks? what's your expectation? how long does this last? >> i think maybe another week. we have to get the power restored to some of these facilities. in addition to the discreet...
231
231
May 23, 2012
05/12
by
CNBC
tv
eye 231
favorite 0
quote 0
there have been a large number of studies that have documented that, the most recent actually being by christy roamer, who was president obama's first chairperson of the council of economic advisers, and her husband david roamer. they have pretty strong evidence on the negative effects on tax increases. the evidence on of spending cuts is a bit more murky if there is evidence, it seems to be constitutional that works over a slow period of time, and there's always a payback period. that's the big problem. >> you have a problem with the tax cuts expiring but that's combining, that a lot of them will -- you have discussionary spending out there the keynesian view, the standard macroeconomic view is it is a problem. i think the evidence on that has been less than encouraging to the keynesian point of view. japan has gone to 200% debt to gdp ratio with two decades of very slow growth. it's certainly not obvious that's the way to save the day. the question i think people would raise, maria, is, is this the right time to cut spending? that's the big problem. but, you know, when you look at this and s
there have been a large number of studies that have documented that, the most recent actually being by christy roamer, who was president obama's first chairperson of the council of economic advisers, and her husband david roamer. they have pretty strong evidence on the negative effects on tax increases. the evidence on of spending cuts is a bit more murky if there is evidence, it seems to be constitutional that works over a slow period of time, and there's always a payback period. that's the...
343
343
Nov 7, 2012
11/12
by
CNBC
tv
eye 343
favorite 0
quote 0
governor christy? govern govern governor quomo? how does it work? >> most of your waterside facility haves to have standby, emergency agreements. so when the events like this happen, most of the time we will have a contract in place. or from engineering consulting firms who may also have contracts in place with those firms. >> how do we have 700 people ready to go? >> we have a standby research group, an emergency response center that we man. we have 9,000 people in our organization. so we'll draw from those 400 or so sites. but we'll also work with another of other subcontractor that is we have relationships with that do routine training with us and a lot of response training. so, like, in the gulf where it was 3500 people at one time, we bring those folks in from our partners and really try to provide that necessary pool of labor when the big event is happening. >> i don't want to say you guys are a monopoly, but is there anybody else that could handle a job of this size? >> i think what really differentiates us is not only the as sas assets, but
governor christy? govern govern governor quomo? how does it work? >> most of your waterside facility haves to have standby, emergency agreements. so when the events like this happen, most of the time we will have a contract in place. or from engineering consulting firms who may also have contracts in place with those firms. >> how do we have 700 people ready to go? >> we have a standby research group, an emergency response center that we man. we have 9,000 people in our...
151
151
Aug 22, 2012
08/12
by
CNBC
tv
eye 151
favorite 0
quote 0
we'll see it in tampa from people like chris christie, bobby jindal and others. romney and ryan will lay out a clear, simple, understandable five-point plan to bring back jobs to the country. that's the message. >> are those american flags on your tie? >> it is. >> i want the camera to catch those. i just love that. you didn't have to show the label. >> sorry. >> i'll get one. >> product placement. >> the front page of the wall street journal. turns out team obama turned to the private equity folks at carlisle to help on the sunoco refinery. isn't thereypocrihypocrisy? >> the reason they are trying to bash it is some of what firms do is lay off people. out's hard to see romney saying we restructured this, i'm a job creator. but private equity absolutely has a place. restructure. >> carlisle is a great private equity firm. they may save the refinery and jobs. >> absolutely. >> it's hypocritical on the part of team obama. we'll leave it there. henry, phil and ramesh, we appreciate it. programming note, tomorrow night i will be joined by mitt romney's vice president
we'll see it in tampa from people like chris christie, bobby jindal and others. romney and ryan will lay out a clear, simple, understandable five-point plan to bring back jobs to the country. that's the message. >> are those american flags on your tie? >> it is. >> i want the camera to catch those. i just love that. you didn't have to show the label. >> sorry. >> i'll get one. >> product placement. >> the front page of the wall street journal. turns out...
210
210
Oct 30, 2012
10/12
by
CNBC
tv
eye 210
favorite 0
quote 0
i think we'll put it off. >> and governor christie will be speaking at 10:00. mayor bloomberg at 9:00 to give us an update. hopefully some of the rescue separations can continue. >> halloween is not -- >> chris christie said he is. if it looks like it's a dangerous situation, he said yesterday he will move halloween to another day. >> sandy leaves hundreds of thousands without power along the east coast including nearly 1 million along long island. we'll have a live report from montouk. man these guys are slow. reminds me of our network before cdw virtualized it. how? cdw and hp networking implemented a virtual application network that reduces the time to deploy cloud applications from months to minutes. with fewer bottlenecks like this. finally. charles! client golf. aim for the lake. really? >>> taking a live look at the capitol. president returning there after an aborted trip to florida. u.s. equity futures, read arrows across the board. but those numbers not moving much. also taking a look at crude given what's going on and that has gone up marginally, 85 t
i think we'll put it off. >> and governor christie will be speaking at 10:00. mayor bloomberg at 9:00 to give us an update. hopefully some of the rescue separations can continue. >> halloween is not -- >> chris christie said he is. if it looks like it's a dangerous situation, he said yesterday he will move halloween to another day. >> sandy leaves hundreds of thousands without power along the east coast including nearly 1 million along long island. we'll have a live...
50
50
Oct 30, 2012
10/12
by
CNBC
tv
eye 50
favorite 0
quote 0
>> reporter: this morning at a press conference, governor chris christie saying he was trying to come out to the jersey shore to assess the damage but couldn't find anywhere to land in a police helicopter that being said you most of his comments were directed to seaside heights, brian was just describing, a little bit due south of here. certainly, atlantic city took the brunt of that hit yesterday when sandy actually made landfall here. the storm surge was record height. flood the city, onto the boardwalk and several intersections back. it is a different story. you remember those iconic visuals of the iconic boardwalk floating off into town yesterday? well, that's not the main part of the boardwalk, we are happy to report. it is actually the far north end of the boardwalk, at the letters developed end that actually disintegrated and detached but the bulk of the boardwalk does still stand and the flooding has receded. the water has pretty much all gone out to sea. there is a little bit that remains here in the intersections. we can say that the wind is still whipping and there is still
>> reporter: this morning at a press conference, governor chris christie saying he was trying to come out to the jersey shore to assess the damage but couldn't find anywhere to land in a police helicopter that being said you most of his comments were directed to seaside heights, brian was just describing, a little bit due south of here. certainly, atlantic city took the brunt of that hit yesterday when sandy actually made landfall here. the storm surge was record height. flood the city,...
464
464
Nov 7, 2012
11/12
by
CNBC
tv
eye 464
favorite 0
quote 0
one thing i want to say you were talking about hurricane sandy and christie and obama. i think to see governor christie and barack obama working together to solve a huge problem like the results of the hurricane gives me a lot of courage that we can work together on the nation's problems across the aisle like that. i hope it doesn't take an economic hurricane to get there. >> you know, glen, voters are motivated by different things. there's nothing like weather or natural disaster to get their attention. do you think an issue as complex as the fiscal cliff can ever motivate people the way this has, the way sandy has? >> i hope so. i think maybe hurricane sandy could remind us of what 2008 was like when we lose control of the economy and allow events to ride man. the fiscal cliff is facing us. we need to solve it. it's the most important thing that government can do. you were talking earlier about creating jobs and what candidate is best for creating jobs. remember that businesses and not government create jobs and what government does is create circumstances under which
one thing i want to say you were talking about hurricane sandy and christie and obama. i think to see governor christie and barack obama working together to solve a huge problem like the results of the hurricane gives me a lot of courage that we can work together on the nation's problems across the aisle like that. i hope it doesn't take an economic hurricane to get there. >> you know, glen, voters are motivated by different things. there's nothing like weather or natural disaster to get...
42
42
Oct 31, 2012
10/12
by
CNBC
tv
eye 42
favorite 0
quote 0
obama, is in the air at this hour with chris christie touring some of the devastated areas along the shore of jersey. we'll expect to see him as he tours the ground later today. that's it for "power lunch." >> and a news conference from bloomberg on the way as well. "street signs" begins right now. >>> stocks are trading but that is about all that is back to normal for millions of americans in the east. lower manhattan is still digging out from the flooding, unprecedented damage in new jersey. we should have some pictures, as tyler noted, from the president and the governor of new jersey shortly. >>> gasoline increasingly hard to find as cars line up for hours in parts of new york and new jersey. and many stores that are open are running low of their supply. we've got every angle. all the developing stories, all hour on another special sandy storm "street signs," mandy. >>> brian, you are looking right now at video of president obama meeting with new jersey governor chris christie earlier today. the president touring the worst hit areas of the state this afternoon. let's run you thro
obama, is in the air at this hour with chris christie touring some of the devastated areas along the shore of jersey. we'll expect to see him as he tours the ground later today. that's it for "power lunch." >> and a news conference from bloomberg on the way as well. "street signs" begins right now. >>> stocks are trading but that is about all that is back to normal for millions of americans in the east. lower manhattan is still digging out from the flooding,...
325
325
Nov 21, 2012
11/12
by
CNBC
tv
eye 325
favorite 0
quote 0
he tried to sell a painting last week at the christy's auction, but it was one of the few pieces that failed to sell. it didn't meet the estimate of more than $8 million. one reason cohen has so much art, he has a lot of wall space. his stone mansion in connecticut is over 35,000 square feet. the estate has its own putting greens, a hockey rink, and zamboni house. he's also quite fall an tlopphi. whatever happens, cohen is still a very popular figure among art dealers, charities, and museums. you know they're going to be watching all of this very closely. >> has it impacted the art world already, or are we anticipating? >> we're kind of anticipating. look, you know, this is a small part of cohen's total wealth. he's worth a reported $8 billion. he hasn't cornered a single artist. if he has to even liquidate, it's not going to lower the prices in the market. in fact, it may, you know, create some much-needed supply. but he is such an important benefactor for museums and such an important buyer that could be a big deal for a lot of people. >> sure. ripple effects. thanks so much, robert
he tried to sell a painting last week at the christy's auction, but it was one of the few pieces that failed to sell. it didn't meet the estimate of more than $8 million. one reason cohen has so much art, he has a lot of wall space. his stone mansion in connecticut is over 35,000 square feet. the estate has its own putting greens, a hockey rink, and zamboni house. he's also quite fall an tlopphi. whatever happens, cohen is still a very popular figure among art dealers, charities, and museums....
129
129
Oct 30, 2012
10/12
by
CNBC
tv
eye 129
favorite 0
quote 0
president obama will tour new jersey tomorrow with governor chris christie. earlier today the president said the government will do everything it can do get resources to local governments. and new images are emerging from the destruction. check out this shot of a parking lot full of cabs in hoboken, new jersey, it is literally under water. and this photo taken from union beach, new jersey. pretty harrowing stuff. and finally, some good news for air travel. new york's jfk airport is set to open tomorrow in both washington and philadelphia airports are back operating today after more than 18,000 flights were canceled as a result of superstorm sandy. melissa? >> courtney, thanks for that rundown. our very own scott cone has been braving the storm from manhattan's battery park. he joins us with the latest on how lower manhattan including the financial district has faired in sandy's wake. scott? >> reporter: melissa, if you consider the fact that the stock exchanges are going to re-open as well as the kmcommodity exchange, the new york merc in the financial distri
president obama will tour new jersey tomorrow with governor chris christie. earlier today the president said the government will do everything it can do get resources to local governments. and new images are emerging from the destruction. check out this shot of a parking lot full of cabs in hoboken, new jersey, it is literally under water. and this photo taken from union beach, new jersey. pretty harrowing stuff. and finally, some good news for air travel. new york's jfk airport is set to open...
317
317
Dec 31, 2012
12/12
by
CNBC
tv
eye 317
favorite 0
quote 0
. >> that'll please new jersey governor chris christie and governor cuomo of new york. but you don't think that's a head fake to try and lower expectations? or not to raise them needlessly on the fiscal cliff? >> look. >> we sound skeptical, don't we? >> yes. but we're not that far from 5:00. and we're not that far from midnight. knowing the way the senate acts, the fact the senate leaders have not announced a deal. i don't think it's a trech to say that the house at this point is standing back and saying we haven't moved the ball yet. >> understood. >> okay. >> we'll get back to you shortly, i'm sure. there'll be more coming out of washington. in the meantime, we just closed out the trading year for 2012. as the dust settles, courtney reagan now breaks down what was i would say among the developed markets a pretty good year for stocks. >> not that bad. lots of green. we're ending on a high note today. all three indexes closing up today and for 2012. the nasdaq the biggest winner. up almost 16%. the s&p notches a 13.4% gain. and the dow up 7.3% for 2012. when it comes t
. >> that'll please new jersey governor chris christie and governor cuomo of new york. but you don't think that's a head fake to try and lower expectations? or not to raise them needlessly on the fiscal cliff? >> look. >> we sound skeptical, don't we? >> yes. but we're not that far from 5:00. and we're not that far from midnight. knowing the way the senate acts, the fact the senate leaders have not announced a deal. i don't think it's a trech to say that the house at...
285
285
Nov 26, 2012
11/12
by
CNBC
tv
eye 285
favorite 0
quote 0
jeffrey cleveland on consumer spending, the european christis and america's fiscal cliff. tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account with a $50,000 deposit, tdd#: 1-800-345-2550 and get 6 months commission-free trades. tdd#: 1-800-345-2550 call 1-800-433-9947. >>> welcome back to "squawk box" been among the stories we're following, morgan stanley is upgrading equities to attractive from neutral. autos and farm suitals raised to overweight, telecom and utilities downgraded and morgan stanley prefers europe to the united states and is increasing its exposure overseas b
jeffrey cleveland on consumer spending, the european christis and america's fiscal cliff. tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on...
340
340
Nov 5, 2012
11/12
by
CNBC
tv
eye 340
favorite 0
quote 1
as chris christie did. he was totally right in getting funds for his state at the same time he came out and supported mitt romney from the beginning to the end. >> here's a political question. should chris christie have obama come to new jersey? mayor bloomberg decided not to. >> because he had traffic mess and everything else. he could do it easier down there. i think they both handled it just right. i really do. now, what i would like to talk about though is why i'm so pro-governor romney and why i'm so partisan in this particular election. i haven't been that way since carter and reagan to this extent. the reason why is there are four fundamental things in this country that we're facing. one as i mentioned the fiscal cliff. one is the regulatory wall. and then we have more indirectly. the middle east from syria to egypt. we don't know who our friends are and what the game is and europe. europe isn't fixed yet. europe is kicking the can down. they can't fix it without a devaluation of some kind. they can
as chris christie did. he was totally right in getting funds for his state at the same time he came out and supported mitt romney from the beginning to the end. >> here's a political question. should chris christie have obama come to new jersey? mayor bloomberg decided not to. >> because he had traffic mess and everything else. he could do it easier down there. i think they both handled it just right. i really do. now, what i would like to talk about though is why i'm so...
111
111
Oct 29, 2012
10/12
by
CNBC
tv
eye 111
favorite 0
quote 0
awaiting update from chris christie and new york city mayor bloomberg when they start speaking we will take you there live. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-80345-2550 at schwab, we'mittreom to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2550 with schwab etfs. tdd#: 1-800-345-2550 schwab etfs now have the lowest operating expenses tdd#: 1-80
awaiting update from chris christie and new york city mayor bloomberg when they start speaking we will take you there live. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-80345-2550 at schwab, we'mittreom to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#:...
203
203
Oct 31, 2012
10/12
by
CNBC
tv
eye 203
favorite 0
quote 0
and governor christie calling the damage incalculable. that's the job of officials as they start figuring out how to start repairing the damage that has occurred. some experts around the industry have tried to start putting a number on this. a disaster modelling agency forecast losses between ten and 20 billion dollars. a former economist with the international trade commission scored that much higher with losses up to $45 billion from hurricane sandy. tease are very early estimates. and surely, only to grow. we should also note that roughly half of that total loss number will be insured losses. if you look at the top insurers in the state of new jersey, no doubt many companies that will be put to work here. state farm the largest in the home and commercial insurers here in new jersey. about 11% market share. liberty mutual and allstate just below that with about 8%, and then chubb falling just below that with just over 7%. we should also note that a report from credit sweet said that as losses start too get into the $20 billion and $30 b
and governor christie calling the damage incalculable. that's the job of officials as they start figuring out how to start repairing the damage that has occurred. some experts around the industry have tried to start putting a number on this. a disaster modelling agency forecast losses between ten and 20 billion dollars. a former economist with the international trade commission scored that much higher with losses up to $45 billion from hurricane sandy. tease are very early estimates. and...
93
93
Nov 2, 2012
11/12
by
CNBC
tv
eye 93
favorite 0
quote 0
governor christie seems deeply in command the way the federal government has stepped in to help. this is the third hurricane i've covered in my lifetime, andrew, katrina and now this. we are at the point where the population gets furious and they turn on the government. the government can just not handle the huge, huge logistical requirements that happen after a storm like this. could this actually turn on the president at some point here? >> reporter: i don't think so. i think what the president has had the opportunity to do is show americans that he was involved in an effort that the country was rallying behind and do his job in a way that got praise by the keynote speaker at the republican convention, chris christie, very tough critic of the president otherwise. so i don't think many voters are going to blame president obama for what's going on right now, and leave aside the fact that the states in which the difficulties are occurring db new york, new jersey, connecticut are all reliantly democratic states. what is much more important to the outcome of this election, michelle,
governor christie seems deeply in command the way the federal government has stepped in to help. this is the third hurricane i've covered in my lifetime, andrew, katrina and now this. we are at the point where the population gets furious and they turn on the government. the government can just not handle the huge, huge logistical requirements that happen after a storm like this. could this actually turn on the president at some point here? >> reporter: i don't think so. i think what the...
93
93
Oct 30, 2012
10/12
by
CNBC
tv
eye 93
favorite 0
quote 0
governor chris christie calling you the damage unthinkable. the streets remain flooded. debris liters the beach. it could take months to clean it all up. >> look at the sand. >> i know. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are, or may become pregnant or are breast
governor chris christie calling you the damage unthinkable. the streets remain flooded. debris liters the beach. it could take months to clean it all up. >> look at the sand. >> i know. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and......
44
44
Nov 1, 2012
11/12
by
CNBC
tv
eye 44
favorite 0
quote 0
governor chris christie of new jersey signing a waiver to allow this, it should provide a little relief, but until the power ice back on, we're likely to see these long lines continue. the price of gasoline that we are seeing at this rest stop is just about 3.55 for a gallon of unleaded. about a nickel above the national average, so no evidence of price gaunlging. >> thanks so much. out on the new jersey turnpike. following the gasoline story. so, how bad is the situation likely to get and is any relief in sight? the executive director of the new jersey gas and automotive association is live. thanks for being here. >> good to be with you. >> you know, these lines are difficult to see. when you drive anywhere around northern new jersey, in many places where what we call the tristate area, lines are awfully long. when is that getting better? >> i can't predict exactly when you'll see relief, although i expect the situation should be eased by the weekend and into early next week and you have a multitude of problems. which you were just covering on your broadcast. and it's a puzzle that has
governor chris christie of new jersey signing a waiver to allow this, it should provide a little relief, but until the power ice back on, we're likely to see these long lines continue. the price of gasoline that we are seeing at this rest stop is just about 3.55 for a gallon of unleaded. about a nickel above the national average, so no evidence of price gaunlging. >> thanks so much. out on the new jersey turnpike. following the gasoline story. so, how bad is the situation likely to get...